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Data Dictionary: ACS 2016 (5-Year Estimates)
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Data Source: Social Explorer; U.S. Census Bureau
Universe: Renter-occupied housing units paying cash rent
Variable Details
A18009. Median Gross Rent
Universe: Renter-occupied housing units paying cash rent
A18009_001Median Gross Rent
Percent base:
None - percentages not computed
Aggregation method:
Median, using bracket table: B25063, interpolation method: Pareto
Formula used to compute this variable:
Return_Value = ACS16_5yr:B25064001; if (ACS16_5yr:B25064001.IsNull) Return_Value.IsNull = true
Variables used in the formula:
ACS16_5yr:B25064001
Renter-Occupied Housing Units Paying Cash Rent: Median Gross Rent
Relevant Documentation:
Excerpt from: Social Explorer; U.S. Census Bureau; 2016 ACS 1-year and 2012-2016 ACS 5-year Data Releases: Technical Documentation.
  2016 ACS 1-year and 2012-2016 ACS 5-year Data Releases: Technical Documentation -> Appendix A: Supplemental Documentation -> 2014 Subject Definitions -> Housing Variables -> Gross Rent -> Median Gross Rent
Median Gross Rent
Median gross rent divides the gross rent distribution into two equal parts: one-half of the cases falling below the median gross rent and one-half above the median. Median gross rent is computed on the basis of a standard distribution. (See the "Standard Distributions" section in Appendix A.) Median gross rent is rounded to the nearest whole dollar. (For more information on medians, see "Derived Measures.")